IBD: When it comes to taxes public clueless to who pays, what

Perception:

68% of Americans believe that “the rich” (top 1%) pay less than 40% of US taxes, while 30% believe that “the rich” pay less than 20%

Reality:

Top 1% richest Americans contribute 40% of US taxes

Top 25% richest Americans contribute 86% of US taxes

Bottom 50% contributes 3%

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